Water Street Tampa expands ReliaQuest HQ, adds Sparkman Wharf tenants

The district will house the global headquarters of a shipping company as well as a new tech institute.
Thousand & One, the newest office tower at Water Street Tampa, will house an expanded headquarters of Tampa cybersecurity company ReliaQuest.
Thousand & One, the newest office tower at Water Street Tampa, will house an expanded headquarters of Tampa cybersecurity company ReliaQuest. [ SEAMUS PAYNE | Strategic Property Partners ]
Published Dec. 13, 2021|Updated Dec. 13, 2021

ReliaQuest hasn’t yet moved into its new corporate headquarters, but it’s already planning to grow.

The Tampa cybersecurity company, which recently attained a billion-dollar “unicorn” valuation, has added a floor to its forthcoming lease at Thousand & One, the new office tower at downtown’s $3.5 billion Water Street Tampa development.

The company announced in August that it was moving its headquarters from Harbour Island into more than 120,000 square feet across the top six floors at Thousand & One, adding its name atop the building in the process. The expanded lease is for seven floors and 145,000 square feet. The company expects to move in next fall.

“As a long-established Tampa company, we’re excited to see, and help drive, the incredible growth of the Tampa region,” ReliaQuest chief financial officer Greg Farrell said in a statement. “As we continue to hire, Thousand & One gives our employees a highly attractive place to work, with a great environment and amenities for outside of work as well.”

Related: Tampa cybersecurity company ReliaQuest hits $1 billion 'unicorn' status

ReliaQuest provides cloud platforms for cybersecurity programs for clients including Hard Rock International, American Eagle Outfitters and Tractor Supply Co. The company has 700 employees around the world, including about 300 in the Tampa Bay area.

Alongside the ReliaQuest expansion, Water Street Developers Strategic Property Partners on Monday announced two new tenants at its offices at Sparkman Wharf.

The first is another relocation: Boasso Global, a bulk shipping services company that recently moved into a temporary Sparkman
Wharf space from its current headquarters in the Channel District.

Boasso formed this summer when it was spun off from parent company Quality Distribution after that company sold its bulk liquid chemical shipping arm to railroad giant CSX Corp. It will move into a new 12,500-square-foot office this spring.

“As a port-based business, I could not imagine a better location than Sparkman Wharf for Boasso’s global headquarters,” CEO Joe Troy said in a statement.

Related: Tampa chemical trucking company sold to CSX in 'game changer' shipping deal

Strategic Property Partners also announced that Chicago technology training school Future Tech Career Institute would open its second nationwide campus in 4,160 square feet at Sparkman Wharf. The school will offer training and certification in app development, graphic design and other areas.

Water Street Tampa officials expect to close out its first phase of development in the first half of 2022. The project is backed by Lightning owner Jeff Vinik and Cascade Investment, which manages the investments of Bill Gates.

Related: Vinik's buyer of Lightning stake may be private investment firm, according to report